Find Us on Facebook Follow Us on Twitter Bookmark & Share Subscribe to Feed
All India News | Stay Informed, Stay Ahead

Economic Times

Business Standard

Business Line

  • newNava Bharat Ventures Q2 net lower at Rs 32 cr
    Nava Bharat Ventures Ltd has posted lower net profit of Rs 32.13 crore for the second quarter ended September 30, 2014 as against Rs 47.17 crore for the corresponding quarter last year. The compan...
    - 17 mins ago, 30 Oct 14, 6:07pm -
  • newStudents now head to Victoria, Australia, for sports education
    Indian students have typically headed to universities in the Australian state of Victoria, especially Melbourne, for courses in engineering, business and technology. Given the Aussie love of sport...
    - 33 mins ago, 30 Oct 14, 5:51pm -
  • newToshiba, ECIL bag weather radar system order from IMD
    Toshiba Corporation has announced that, in collaboration with Electronic Corporation of India Limited (ECIL), it has bagged an order to supply an X-band dual polarization transportable Doppler wea...
    - 43 mins ago, 30 Oct 14, 5:41pm -
  • newJapan offers assistance in intelligent transport systems
    Japan has offered to assist India in developing Intelligent Transport Systems (ITS) in urban areas, a statement from the Ministry of Urban Development said on Thursday.“Japan’s Mini...
    - 55 mins ago, 30 Oct 14, 5:29pm -
  • newJapanese delegation meets SAIL officials
    A delegation from Japan Iron and Steel Federation has discussed the possible areas of collaboration with the SAIL’s operations team. The areas of likely cooperation included technologies related t...
    - 59 mins ago, 30 Oct 14, 5:25pm -
  • newAirtel Q2 net shoots up to Rs 1,383 cr
    Bharti Airtel, country’s largest mobile operator, today reported nearly three-fold jump in consolidated net profit to Rs 1,383 crore for the second quarter ended September 30, 2014 on the back of...
    - 1 hour ago, 30 Oct 14, 5:16pm -
  • newTata AIA Life appoints Naveen Tahilyani as CEO and MD
    Tata AIA Life Insurance Company (Tata AIA Life) today announced the appointment of Naveen Tahilyani as its Chief Executive Officer and Managing Director.Tahilyani, a graduate from the In...
    - 1 hour ago, 30 Oct 14, 4:57pm -
  • newVijaya Bank raises Rs 500 cr through bonds
    Vijaya Bank has raised Tier II capital of Rs 500 crore through a bond offering to fund its business growth.In a statement, the bank said the capital was raised by issuing Unsecured Redee...
    - 2 hours ago, 30 Oct 14, 4:42pm -
  • newAjanta Pharma Q2 net up 41% at Rs 78.63 cr
    Drug firm Ajanta Pharma today reported a 40.88 per cent increase in its standalone net profit to Rs 78.63 crore for the quarter ended September 30, 2014, mainly on account of robust exports....
    - 2 hours ago, 30 Oct 14, 4:38pm -
  • newIcrisat scientist gets Japanese award
    A senior scientist with International Crops Research Institute for the Semi-Arid Tropics (Icrisat) has been conferred the 2014 Sano Touzaburo Special Prize. CL Laxmipathi Gowda, Deputy D...
    - 2 hours ago, 30 Oct 14, 4:36pm -
  • newICICI Bank Q2 report card: Higher slippages a concern ​
    ICICI Bank’s net profit grew 15 per cent in the September quarter, on the back of 15 per cent growth in its net interest income. While the bank’s retail focus continues to pay off, driving the ove...
    - 2 hours ago, 30 Oct 14, 4:33pm -
  • newHC upholds Kerala ban on bars, gives relief to 4-star hotels
    Kerala High Court today upheld the state government’s new excise policy directing closure of bars in two and three—star hotels.However, the court allowed the hotels in the four-star and her...
    - 2 hours ago, 30 Oct 14, 4:32pm -
  • newSatheesh Reddy conferred fellowship of Royal Aeronautical Society
    G Satheesh Reddy, Director, Research Centre Imarat has been conferred the Fellowship of the Royal Aeronautical Society, London for his outstanding contributions in the field of Aeronautics and Aer...
    - 2 hours ago, 30 Oct 14, 4:30pm -
  • newIOB reports Q2 loss at Rs 245 cr
    Indian Overseas Bank today reported a net loss of Rs 245.51 crore for the second quarter ended September 30 due to higher tax expenses and provisions for bad assets.The bank had reported...
    - 2 hours ago, 30 Oct 14, 4:22pm -
  • newDollar surges as Fed ends QE on hawkish note
    The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the US Federal Reserve ended its six-year quantitative easing bond-buying programme.The decision...
    - 2 hours ago, 30 Oct 14, 4:19pm -
  • newOpening the floor for development
    The Union Cabinet approved amending the existing foreign direct investment (FDI) policy for the construction development sector, in line with the Budget announcement, brought cheers to the real es...
    - 2 hours ago, 30 Oct 14, 4:13pm -
  • newIndia's universal healthcare rollout to cost $26 bn
    India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated Rs 1.6 lakh crore ($26 billion) over the next four years, a senior...
    - 2 hours ago, 30 Oct 14, 4:10pm -
  • newSensex surges 248 points to end at new high of 27,346; Nifty gains 79 points
    Led by the recent economic reforms announced by the government, the benchmark BSE Sensex surged 248.16 points to end at a new closing peak of 27,346.33 and the NSE index Nifty rose 78.75 points at...
    - 2 hours ago, 30 Oct 14, 4:09pm -
  • newRupee trading weak at 61.44
    The rupee was trading weak by 9 paise at 61.45 against the dollar at 4.03 p.m. local time.After opening weak by 19 paise at 61.54 in early trade due to dollar's gains against other curre...
    - 2 hours ago, 30 Oct 14, 4:07pm -
  • newJubilant Foodworks’ Q2 net down 13%
    Jubilant Foodworks Ltd that runs food chains, including Domino’s Pizza and Dunkin’ Donuts in India, today reported 12.75 per cent decline in standalone net profit at Rs 29 crore for the second qua...
    - 2 hours ago, 30 Oct 14, 4:03pm -
  • newGovt cuts non-Plan expenditure by 10%, bans creation of new posts
    Govt officials barred from first class air travel
    - 3 hours ago, 30 Oct 14, 3:52pm -
  • newICICI Bank standalone net profit jumps 15% to Rs 2,709 cr
    ICICI Bank today reported 15 per cent rise in net profit at Rs 2,709 crore for the second quarter ended September 30, 2014.The bank’s net profit on a standalone basis was Rs 2,352 crore...
    - 3 hours ago, 30 Oct 14, 3:39pm -
  • newVizag port resumes cargo operations
    The port had suffered loss of Rs 232 cr in cyclone Hudhud
    - 3 hours ago, 30 Oct 14, 3:38pm -
  • newYes Bank registers 30% rise in Q2 profit on higher fee income
    Yes Bank posted a 30 per cent jump in net profit at Rs 483 crore for the second quarter ending September 30, 2014 on the back of robust growth in loans and interest income.The net profit in the ye...
    - 3 hours ago, 30 Oct 14, 3:35pm -
  • newMoU signed for growing breeder seed
    An MoU has been signed between Pandit Deen Dayal Upadhyaya Veterinary University and the Indian Council of Agricultural Research (ICAR) for growing breeder seed.“While the university wou...
    - 3 hours ago, 30 Oct 14, 3:32pm -
  • newRetail investors flock to equity MF schemes
    In a heartening reversal of trend, retail investors seem to be coming back to equity investment with the retail folios of the mutual fund schemes registering an addition of 4 lakh folios in the fi...
    - 3 hours ago, 30 Oct 14, 3:26pm -
  • newSugar output estimated at 250.5 lakh t during 2014-15
    Sugar production is expected to be around 250.46 lakh tonnes during 2014-15, a tad higher than the estimated 245.54 lakh tonnes in the last 2013-14 sugar season.This year’s estimated pro...
    - 3 hours ago, 30 Oct 14, 3:26pm -
  • newAxis Bank launches online outward money transfer in 100 currencies
    Axis Bank, India’s third largest private Bank, announced the launch of its seamless online outward remittance facility in over 100 currencies.“Axis Bank customers can now make faster onl...
    - 3 hours ago, 30 Oct 14, 3:22pm -
  • newYamaha Training School to be set up engineering institute
    India Yamaha Motor Pvt. Ltd has signed an MoU with Little Flower Engineering Institute here, for setting up a Yamaha Training School (YTS) in their campus.This initiative is to promote a...
    - 3 hours ago, 30 Oct 14, 3:18pm -
  • newTata group invests in Swiss solar company Flisom
    Tata group has invested in a Swiss start-up solar company as several companies from the European country vie for a share in the Indian solar energy market which is seen as having a huge potential...
    - 3 hours ago, 30 Oct 14, 3:08pm -
  • newAndhra Bank Q2 net zooms to Rs 144 cr
    Andhra Bank has posted a net profit of Rs 144.49 crore for the quarter ended September 30, 2014 as compared to Rs 70.65 crore for the corresponding quarter last year.Total Income has inc...
    - 3 hours ago, 30 Oct 14, 3:03pm -
  • newIIL net profit jumps 66% in Q2
    Agro-chemicals manufacturer India Insecticides Ltd (IIL) has registered a 66 per cent increase in net profit for the second quarter this fiscal at Rs 22.93 crore against Rs. 13.84 crore during the...
    - 4 hours ago, 30 Oct 14, 2:41pm -
  • newP-Note investments climb to 3-month high at $36 bn in Sept
    Investments into domestic shares through participatory notes (P-Notes) hit a three-month high of Rs 2.22 lakh crore (about $36 billion) in September.P-Notes are mostly used by overseas HNIs...
    - 4 hours ago, 30 Oct 14, 2:37pm -
  • newNMPT begins coastal cargo operations to Lakshadweep
    Following a directive to the major ports from the Union Ministry of Shipping to give priority for coastal shipping activities, New Mangalore port handled first coastal cargo to Lakshadweep Island...
    - 4 hours ago, 30 Oct 14, 2:34pm -
  • newAllahabad Bank net profit halves to Rs 141 cr
    Kolkata-based Allahabad Bank reported a near 49 per cent dip in net profit to Rs 141 crore for the period ending September 30, 2014.Profit for the corresponding period last fiscal stood...
    - 4 hours ago, 30 Oct 14, 2:25pm -
  • newACC clocks 62% rise in net profit
    Cement manufacturer ACC Ltd today reported a whopping 62 per cent rise in its consolidated net profit for July-September quarter at Rs 192.60 crore due to better cost management and improved reali...
    - 4 hours ago, 30 Oct 14, 2:18pm -
  • newGold falls to 3-week low after Fed ends bond-buying
    Gold fell to a three-week low on Thursday after the US Federal Reserve ended its bond-buying stimulus programme and expressed confidence in the economic recovery, dimming bullion’s safe-haven appe...
    - 4 hours ago, 30 Oct 14, 2:11pm -
  • newCurrency midday update for Oct 30
    Currency midday update for Oct 30, 2014 by Mecklai Financial...
    - 4 hours ago, 30 Oct 14, 1:59pm -
  • newMaruti net profit rises 29% to Rs 862 cr in Q2
    Maruti Suzuki India on Thursday reported standalone net profit of Rs 862.54 crore for the second quarter ended September 30, up 29 per cent as compared with Rs 670.23 crore corresponding period la...
    - 4 hours ago, 30 Oct 14, 1:56pm -
  • newSAYes gets taste of Bangalore's unique entrepreneurial ecosystem
    "In today's hyper-connected world, individuals are driving change from the ground up," said Ariel Pollock, Public Affairs Officer US Consulate General Chennai.Speaking at the S...
    - 5 hours ago, 30 Oct 14, 1:54pm -
  • newSafran in R&D partnerships with Indian academic institutes
    Safran, a global aerospace and defence company has announced the research and development collaborations with Foundation for Innovation & Technology Transfer (IIT, Delhi), and Society for Inno...
    - 5 hours ago, 30 Oct 14, 1:38pm -
  • newMcKinsey identifies 49 metropolitan clusters that could be growth hotspots
    For companies looking to target high potential markets of tomorrow, global consulting major McKinsey & Company has identified 49 'metropolitan clusters' that could be growth hotspots in I...
    - 5 hours ago, 30 Oct 14, 1:17pm -
  • newShell beats Q3 earnings expectations, appoints new chairman
    Royal Dutch Shell beat expectations with core earnings of $5.8 billion for the third quarter and maintained its dividend as both upstream and downstream division delivered strong results....
    - 5 hours ago, 30 Oct 14, 1:08pm -
  • newThe Nifty call: Buy in declines
    Nifty October Futures (8152) The Nifty October futures started the derivatives expiry session on a negative note at 8,082, down from its previous close of 8,089. ...
    - 5 hours ago, 30 Oct 14, 1:02pm -
  • newGati Q2 net up at Rs 12.5 cr
    Express distribution and logistics services company Gati Limited has posted a net profit of Rs 12.49 crore for the second quarter ended September 30, 2014 as against a net profit of Rs 5.76 crore...
    - 5 hours ago, 30 Oct 14, 12:59pm -
  • newCycle brand agarbatti worried about new entrants
    Smaller and regional players in the agarbatti market has got market leader Cycle brand worried. The incense industry boasts over 200 players, who have some 400 agarbatti br...
    - 6 hours ago, 30 Oct 14, 12:52pm -
  • newApex court stays defamation case proceedings against Swamy
    The Supreme Court today stayed the proceedings on criminal defamation cases filed against BJP leader Subramanian Swamy by AIADMK supremo J Jayalalithaa.A Bench of Justices Deepak Mishra...
    - 6 hours ago, 30 Oct 14, 12:52pm -
  • newRaymond shares slump 5% on weak results
    Shares of diversified group Raymond today slumped five per cent after the company reported 26.18 per cent decline in consolidated net profit for the September quarter.Raymond had yesterday...
    - 6 hours ago, 30 Oct 14, 12:46pm -
  • newGoa govt suspends water sports after death of Russian tourists
    The Goa government here suspended all water sports activity across the state following the fresh incident of death of three Russian nationals near here during a water sport activity being opera...
    - 6 hours ago, 30 Oct 14, 12:40pm -
  • newTech Mahindra shares surge 5% on Q2 earnings
    Shares of Tech Mahindra surged 4.79 per cent in the morning trade on the BSE today after the company reported an increase in revenue and net profit during the September quarter.The compa...
    - 6 hours ago, 30 Oct 14, 12:40pm -
  • newConcor profits slide on changes in depreciation rate
    Container Corporation of India has seen a dip in profits in the quarter-ended September due to changes in new Companies Act, which call for higher rates of depreciation by lowering the life period...
    - 6 hours ago, 30 Oct 14, 12:39pm -
  • newGold futures down at Rs 26,876 per 10 gm
    Gold prices moved down by 0.75 per cent to Rs 26,876 per 10 grams at the futures trade today as speculators trimmed positions in tandem with a weak global trend where the precious metal traded nea...
    - 6 hours ago, 30 Oct 14, 12:34pm -
  • newCurrency daily report for Oct 30
    Currency daily report for Oct 30, 2014 by Veracity Financial Services
    - 6 hours ago, 30 Oct 14, 12:24pm -
  • newKerala signs pact with recycling company to collect, process e-waste
    In a first, Kerala has signed up a recycling company to collect and process e-waste from across the State to get rid itself of a major urban pollutant. It has entered into an MoU with...
    - 6 hours ago, 30 Oct 14, 12:23pm -
  • newSatyam case deferred to Dec 23
    The special court trying the Satyam Computer Services scam has deferred the case to December 23.The court is likely to pronounce the judgment that day in the six-year-old case that rocke...
    - 6 hours ago, 30 Oct 14, 12:21pm -
  • newTechnical forex report for Oct 30
    Technical forex report for Oct 30, 2014 by Veracity Financial Services...
    - 6 hours ago, 30 Oct 14, 12:08pm -
  • newMphasiS posts Rs 160.2-cr net profit
    HP-owned IT services firm MphasiS today reported a net profit of Rs 160.20 crore for the quarter ended September 30, 2014.This is against a net profit of Rs 190.22 crore for the quarter...
    - 6 hours ago, 30 Oct 14, 12:00pm -
  • newAspada commits Rs 11 cr to Xamcheck
    Aspada Investment Company has committed Rs 11 crore to Xamcheck, an independent third-party assessment, test design and feedback solution for K-12 schools. Founded by Naveen Mandava and...
    - 6 hours ago, 30 Oct 14, 11:59am -
  • newSilver rates

    - 7 hours ago, 30 Oct 14, 11:53am -
  • newGold rates

    - 7 hours ago, 30 Oct 14, 11:50am -

NDTV Business

CNN IBN

Moneycontrol

Reuters India

  • newArun Jaitley sees better growth in H2 of 2014/15
    NEW DELHI (Reuters) - India's economy is expected to do better in the second half of the fiscal year to March 2015, Finance Minister Arun Jaitley said on Thursday, adding that he expected to hit his revenue target.
    - 33 mins ago, 30 Oct 14, 5:51pm -
  • newRupee weakens in line with Asia as Fed seen hawkish
    MUMBAI (Reuters) - The rupee hit a two-week low on Thursday, falling for a third consecutive session as the dollar got a boost after the U.S. Federal Reserve struck a more hawkish tone than expected at its policy meeting.
    - 1 hour ago, 30 Oct 14, 5:21pm -
  • newSensex, Nifty hit record highs, shrug off Fed's hawkish tone
    MUMBAI (Reuters) - The BSE Sensex and Nifty rose nearly 1 percent to a record high on Thursday as investors bet an improving economy and government reforms would allow the country to better withstand potential rate hikes by the U.S. Federal Reserve than other emerging markets.
    - 1 hour ago, 30 Oct 14, 5:20pm -
  • newBharti Q2 net profit more than doubles
    MUMBAI (Reuters) - Indian mobile carrier Bharti Airtel said second quarter net profit more than doubled to 13.83 billion rupees ($225 million), from 5.12 billion rupees a year ago, beating analysts' estimates as the country's top telecom operator added more subscribers for its mobile data services.
    - 1 hour ago, 30 Oct 14, 5:00pm -
  • newPM Modi boots officials out of the first class cabin
    NEW DELHI (Reuters) - Prime Minister Narendra Modi has ordered bureaucrats to forgo the luxury of flying first class and start paying for their spouses' air tickets as he tries to deliver on a promise to cut the fiscal deficit to a seven-year low.
    - 2 hours ago, 30 Oct 14, 4:35pm -
  • newSAT to decide on letting DLF sell fund investments
    MUMBAI (Reuters) - An appeals court on Thursday paved the way for DLF, the country's biggest property developer, to sell its mutual fund investments, providing relief to a debt-laden firm reeling after regulators stopped it from tapping capital markets for three years.
    - 2 hours ago, 30 Oct 14, 4:33pm -
  • newMaruti Suzuki says car sales growth cooling
    MUMBAI (Reuters) - India's biggest carmaker Maruti Suzuki India Ltd said growth in car sales would slow in the second half of the year, dampening expectations of a rapid recovery in the country's automotive market.
    - 2 hours ago, 30 Oct 14, 4:06pm -
  • newMoody's welcomes India's policy steps, but wants to see more
    MUMBAI (Reuters) - Moody's welcomed recent efforts by India's government and the Reserve Bank to boost economic growth and attract long-term investments, but said the measures would need to be sustained to have an actual impact on the country's sovereign ratings.
    - 2 hours ago, 30 Oct 14, 3:58pm -
  • newIndia's universal healthcare rollout to cost $26 billion
    NEW DELHI (Reuters) - India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated 1.6 trillion rupees ($26 billion) over the next four years, a senior health ministry official said.
    - 2 hours ago, 30 Oct 14, 3:55pm -
  • newCipla asks government to revoke Novartis patents on respiratory drug
    MUMBAI (Reuters) - Generic drugmaker Cipla Ltd said on Thursday it had requested the government to revoke five patents held by Swiss firm Novartis AG on respiratory drug Onbrez, to boost its access in the Indian market.
    - 4 hours ago, 30 Oct 14, 2:51pm -
  • newVisa, Mastercard welcome Beijing's plans to free bank cards market
    BEIJING (Reuters) - Visa Inc and Mastercard Inc welcome China's plans to open up its market for clearing domestic bank card transactions, as they stand to gain access to a growing market worth more than $1 trillion a year.
    - 4 hours ago, 30 Oct 14, 2:14pm -
  • newICICI Bank Q2 profit up 15 percent, beats estimates
    MUMBAI (Reuters) - ICICI Bank Ltd, India's biggest private sector lender, reported a record quarterly profit on Thursday, beating analysts estimates, on higher lending and fee income.
    - 4 hours ago, 30 Oct 14, 2:05pm -
  • newRupee recovers on dollar selling by custodian banks
    The rupee recovers some losses after dollar selling by custodian banks.
    - 5 hours ago, 30 Oct 14, 1:28pm -
  • newBPCL aims to double refining margins with refinery expansion
    SINGAPORE (Reuters) - State-owned Bharat Petroleum Corp Ltd aims to double its refining margins once it completes the expansion and upgrade of its Kochi refinery in Kerala to process high sulphur crudes by 2016, a senior company official said.
    - 6 hours ago, 30 Oct 14, 12:35pm -
  • newAsia stocks fall, dollar surges on Fed's hawkish twist
    TOKYO (Reuters) - Asian stocks were mostly lower and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of hawkishness.
    - 7 hours ago, 30 Oct 14, 11:38am -
  • newXiaomi moves into third place in global smartphone war
    BEIJING (Reuters) - China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.
    - 7 hours ago, 30 Oct 14, 11:11am -
  • newFed ends bond buying, shows confidence in U.S. recovery
    WASHINGTON (Reuters) - The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects.
    - 7 hours ago, 30 Oct 14, 11:06am -
  • newIndia's delivery men offer prize investment as billions pour into e-commerce
    MUMBAI/BANGALORE (Reuters) - From Japan's richest man to Jeff Bezos, everyone wants a piece of India's booming online retail sector. For those without billions to pump into the tightly held firms who dominate e-commerce, the best bet may be the delivery men.
    - 7 hours ago, 30 Oct 14, 11:05am -
  • newExporters gain on U.S. Fed's optimism
    Reuters Market Eye - Exporters gain on U.S. Federal Reserve's optimism about U.S. economic recovery, traders say.
    - 8 hours ago, 30 Oct 14, 10:54am -
  • newTech Mahindra gains to three-week high after earnings
    Reuters Market Eye - Tech Mahindra Ltd gains 4.3 percent to three-week high.
    - 8 hours ago, 30 Oct 14, 10:23am -
  • newReal-estate, construction shares up after govt relaxes FDI rules
    Reuters Market Eye - Unitech up 2.2 percent, DLF gains 3.3 percent while Sobha Developers advances 5.9 percent.
    - 8 hours ago, 30 Oct 14, 9:57am -
  • newRaymond shares fall on weak earnings
    Reuters Market Eye - Shares in India's Raymond Ltd fall 3.7 percent.
    - 9 hours ago, 30 Oct 14, 9:52am -
  • newGold near 3-week low after Fed optimism over U.S. economy
    SINGAPORE (Reuters) - Gold was languishing near a three-week low on Thursday after the U.S. Federal Reserve ended its bond-buying stimulus programme and expressed confidence in the economic recovery, dimming bullion's safe-haven appeal.
    - 10 hours ago, 30 Oct 14, 8:41am -
  • newChina banks' bad loans surge, credit crunch could spread west
    HONG KONG/SHANGHAI (Reuters) - Two of China's biggest banks reported sharply rising bad loans for the third quarter on Wednesday, and one added that a credit crunch squeezing small companies in the country's export-oriented eastern provinces may be spreading westwards.
    - 11 hours ago, 30 Oct 14, 7:34am -
  • newFiat Chrysler to spin off Ferrari, issue $2.5 billion convertible bond
    MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan.
    - 12 hours ago, 30 Oct 14, 6:06am -

Live Mint

Live Mint - Companies

Google: India Business News

  • newICICI Bank posts record Q2 profit, but bad loans rise - Reuters

    ICICI Bank posts record Q2 profit, but bad loans rise - Reuters

    ReutersICICI Bank posts record Q2 profit, but bad loans riseReutersMUMBAI (Reuters) - ICICI Bank Ltd, India's biggest private sector lender, reported a record quarterly profit on Thursday that beat analyst estimates, but bad loans rose and sent its shares lower. Net profit rose 15 percent to 27.09 billion rupees for its fiscal ...Andhra Bank Net Jumps 2-Fold at Rs 144 Crore in July-September QuarterNDTVAllahabad Bank Q2 net profit halves to Rs 141 crBusiness StandardAndhra Bank Q2 profit double…
    - 11 mins ago, 30 Oct 14, 6:13pm -
  • newSahara Not Interested in Selling Properties: Sebi - NDTV

    Sahara Not Interested in Selling Properties: Sebi - NDTV

    NDTVSahara Not Interested in Selling Properties: SebiNDTVMarket regulator Securities and Exchange Board of India or Sebi on Thursday moved Supreme Court over Sahara's failure to sell properties to repay investors. In its petition, the market regulator said it has received complaints from buyers that Sahara is not ...Sebi moves SC in Sahara caseBusiness Standardall 2 news articles »
    - 33 mins ago, 30 Oct 14, 5:51pm -
  • newSensex, Nifty hit record highs, shrug off Fed's hawkish tone - Reuters

    Sensex, Nifty hit record highs, shrug off Fed's hawkish tone - Reuters

    ReutersSensex, Nifty hit record highs, shrug off Fed's hawkish toneReutersMUMBAI (Reuters) - The BSE Sensex and Nifty rose nearly 1 percent to a record high on Thursday as investors bet an improving economy and government reforms would allow the country to better withstand potential rate hikes by the U.S. Federal Reserve ...Sensex, Nifty hit new highs on reforms, Fed rate stanceThe HinduSensex closes 292 points up at a new high; RIL, TCS surgeLivemintIndia's Sensex Rises to Record as Developers…
    - 42 mins ago, 30 Oct 14, 5:42pm -
  • newMaruti aims to up dividend payout to 18-30% - Moneycontrol.com

    Maruti aims to up dividend payout to 18-30% - Moneycontrol.com

    Moneycontrol.comMaruti aims to up dividend payout to 18-30%Moneycontrol.comAccording to Bhargava, Maruti has seen a better half so far with the company growing by about 17 percent since last year. Like this story, share it with millions of investors on M3. Maruti aims to up dividend payout to 18-30%. According to Bhargava, Maruti has ...Maruti Suzuki Says Car Sales Growth CoolingNDTVMaruti Suzuki Q2 Net up 28.69 per cent at Rs 862.54 croreBusiness StandardMaruti Suzuki hits fresh 52-week high p…
    - 43 mins ago, 30 Oct 14, 5:41pm -
  • new'Bharti Airtel Q2 in line; stock may see some uptick' - Moneycontrol.com

    'Bharti Airtel Q2 in line; stock may see some uptick' - Moneycontrol.com

    Moneycontrol.com'Bharti Airtel Q2 in line; stock may see some uptick'Moneycontrol.comBharti Airtel's second quarter profit jumped 24.8 percent sequentially to Rs 1,383.2 crore in July-September quarter, while it was up 170.2 percent year-on-year. Bhavesh Gandhi. India Infoline. More about the Expert... Comments (1). Like this story, share it with ...Bharti Airtel Q2 net profit rises three-fold to Rs 1383 cr on mobile data revenueBusiness TodayBharti Airtel Q2 net profit up 170% at Rs 1383 crore…
    - 53 mins ago, 30 Oct 14, 5:31pm -
  • newModi govt targets first-class travel in mandatory spending cuts - Livemint

    Modi govt targets first-class travel in mandatory spending cuts - Livemint

    LivemintModi govt targets first-class travel in mandatory spending cutsLivemintThe measures are intended at promote fiscal discipline, without restricting the operational efficiency of the govt, says the ministry. Photo: Pradeep Gaur/Mint. New Delhi: Prime Minister Narendra Modi's administration banned bureaucrats from first-class air ...UPDATE 1-Modi boots Indian officials out of the first class cabinReutersIndia's universal healthcare rollout to cost $26 bnHindu Business LineIndia is changing…
    - 1 hour ago, 30 Oct 14, 5:18pm -
  • newFDI in construction to give fillip to India's real estate sector: Cushman & Wakefield - Myiris.com

    FDI in construction to give fillip to India's real estate sector: Cushman & Wakefield - Myiris.com

    LivemintFDI in construction to give fillip to India's real estate sector: Cushman & WakefieldMyiris.comThe approval of the cabinet to the revisions in norms for allowing 100% FDI in construction is a step that will be beneficial for the next phase of urban development as envisioned by Prime Minister Narendra Modi under the '100 Smart Cities' project, said ...Opening the floor for developmentHindu Business LineRealty FDI: Land central to Modi's development agenda and it will endanger ...Firstpos…
    - 1 hour ago, 30 Oct 14, 5:09pm -
  • newUPA's parting gift: Ease of Business rank slips to 142, but even this was a freak ... - Firstpost

    UPA's parting gift: Ease of Business rank slips to 142, but even this was a freak ... - Firstpost

    Business TodayUPA's parting gift: Ease of Business rank slips to 142, but even this was a freak ...FirstpostIf we need anything to sum-up the legacy of the UPA, we can do no better than to look at the World Bank's Doing Business Report 2015. Our ranking has slipped from 140 to 142 in a field of 189 countries. And even this figure may have been achieved ...World Bank report: Confederation of Indian Industry says India's performance ...Daily News & AnalysisIndia Ranked As The 7th Best Country In…
    - 1 hour ago, 30 Oct 14, 5:04pm -
  • newModi govt's austerity drive: No 5-star hotel meetings, first-class flights for ... - Hindustan Times

    Modi govt's austerity drive: No 5-star hotel meetings, first-class flights for ... - Hindustan Times

    Hindustan TimesModi govt's austerity drive: No 5-star hotel meetings, first-class flights for ...Hindustan TimesThe government on Thursday unveiled an austerity drive aimed at cutting non-plan expenditure by 10%. It has barred bureaucrats from travelling first class on overseas visits and have been asked to use video conferencing as much as possible. Prime Minister ...Modi govt's austerity drive: No more meetings in five-star hotels, first class travel ...FirstpostModi govt on austerity drive t…
    - 1 hour ago, 30 Oct 14, 5:00pm -
  • newIndia fails to attend meet on combating tax evasion - Business Standard
    India fails to attend meet on combating tax evasionBusiness StandardIndia today failed to attend an OECD meeting in Berlin where a multilateral agreement requiring a commitment to follow international standards of confidentiality for information received relating to black money was signed. Official sources said that India was ...Modi government avoids Berlin meet on black money disclosuredomain-Ball 14 news articles »
    - 20 hours ago, 29 Oct 14, 10:47pm -

Yahoo! World Business

  • newMasterCard profit beats estimates as card usage rises

    MasterCard profit beats estimates as card usage rises

    (Reuters) - MasterCard Inc reported a better-than-expected 15.5 percent jump in quarterly profit as a rise in global consumer confidence encouraged its customers to use cards to make purchases. Shares of the world's second-largest debit and credit card company rose 2 percent in premarket trading on Thursday. MasterCard's net income rose to $1.02 billion, or 87 cents per share, in the third quarter ended Sept. 30 from $879 million, or 73 cents per share, a year earlier. Net revenue rose 12.8 perc…
    - 12 mins ago, 30 Oct 14, 6:12pm -
  • newU.S. jobless claims rise, but underlying labor market trends firming

    U.S. jobless claims rise, but underlying labor market trends firming

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market. Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 287,000 for the week ended Oct. 25, the Labor Department said on Thursday. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 250…
    - 17 mins ago, 30 Oct 14, 6:07pm -
  • newTrade, defense spending buoy U.S. third-quarter growth

    Trade, defense spending buoy U.S. third-quarter growth

    By Lucia Mutikani WASHINGTON (Reuters) - A smaller trade deficit and a surge in defense spending buoyed U.S. economic growth in the third quarter, but other details of Thursday's report hinted at some loss of momentum in activity. Gross domestic product grew at a 3.5 percent annual rate, the Commerce Department said on Thursday, beating economists' expectations for a 3.0 percent pace. While the pace of growth in business investment, housing and consumer spending slowed from the second quarter, a…
    - 19 mins ago, 30 Oct 14, 6:05pm -
  • newChrysler recalls 33,443 light trucks in U.S. for tire pressure issues

    Chrysler recalls 33,443 light trucks in U.S. for tire pressure issues

    DETROIT (Reuters) - Chrysler Group said on Thursday that it was recalling 33,443 light trucks in two separate campaigns to prevent false warnings from the tire pressure monitor systems. Chrysler, a unit of Fiat Chrysler Automobiles, said it was unaware of any injuries or accidents related to the issue in either recall. All the affected vehicles are in the U.S. market. Affected in one recall are an estimated 23,053 Ram ProMaster full-size commercial vans from model year 2014, the automaker said.…
    - 25 mins ago, 30 Oct 14, 5:59pm -
  • newConocoPhillips 3rd-quarter profit up on Nigeria asset sale

    ConocoPhillips 3rd-quarter profit up on Nigeria asset sale

    (Reuters) - ConocoPhillips, the largest U.S. independent oil company, reported higher third-quarter profit on Thursday, lifted by the sale of its Nigerian business. Over the last several years, Conoco has shed lower-margin assets, directing more capital to projects like shale drilling in the United States that offer higher returns and higher production growth. Profit rose to $2.7 billion, or $2.17 per share, from $2.5 billion, or $2.00 per share, in the 2013 third quarter. ...
    - 50 mins ago, 30 Oct 14, 5:34pm -

Yahoo! India Business

  • newIndia bonds touch 13-month peak on reforms optimism

    India bonds touch 13-month peak on reforms optimism

    By Gaurav Pai MUMBAI (Reuters) - The government bonds hit a 13-month high Thursday on hopes recent government reforms and likely rate cuts by the Reserve Bank of India (RBI) would help offset any impact of an earlier-than-expected increase in U.S. Federal Reserve ended its massive bond-buying programme on Wednesday, but laced its economic assessment with a tinge of hawkishness. Credit ratings agency Moody's Investors Service welcomed recent efforts by the government and its central bank to boost…
    - 50 mins ago, 30 Oct 14, 5:34pm -
  • newMarkets hit record highs
    Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday touched a record high of 27,390.60 points surpassing its previous high of 27,354.99 hit on Sep 8.
    - 1 hour ago, 30 Oct 14, 5:24pm -
  • newRupee weakens in line with Asia as Fed seen hawkish

    Rupee weakens in line with Asia as Fed seen hawkish

    Federal Reserve struck a more hawkish tone than expected at its policy meeting. The dollar climbed to its highest in more than three weeks against a basket of currencies, after the Fed underscored the improving U.S. "Overall sentiment on rupee is still positive because flows continue towards India, and I think India will be the favourite destination among EMs (emerging markets)," said Hari Chandramgethen, head of foreign exchange trading at South Indian Bank. Moody's welcomed recent efforts by t…
    - 1 hour ago, 30 Oct 14, 5:21pm -
  • newSensex, Nifty hit record highs, shrug off Fed's hawkish tone

    Sensex, Nifty hit record highs, shrug off Fed's hawkish tone

    The BSE Sensex and Nifty rose nearly 1 percent to a record high on Thursday as investors bet an improving economy and government reforms would allow the country to better withstand potential rate hikes by the U.S. The Reserve Bank of India's efforts to contain inflation have also improved confidence. Thursday's gains contrasted with a 0.5 percent fall in the MSCI Asia-Pacific index, excluding Japan after the Fed ended its massive bond-buying programme as expected, on Wednesday, but laced its eco…
    - 1 hour ago, 30 Oct 14, 5:08pm -
  • newSAT to decide on letting DLF sell fund investments

    SAT to decide on letting DLF sell fund investments

    By Himank Sharma and Aditi Shah MUMBAI (Reuters) - An appeals court on Thursday paved the way for DLF, the country's biggest property developer, to sell its mutual fund investments, providing relief to a debt-laden firm reeling after regulators stopped it from tapping capital markets for three years. The three-member Securities Appellate Tribunal (SAT) asked DLF to submit an affidavit by Monday stating the amount it wished to redeem in mutual fund investments. In its appeal document, DLF said it…
    - 2 hours ago, 30 Oct 14, 4:33pm -
  • newSensex hits record high
    Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday touched a record high of 27,358.85 points, surpassing its previous high of 27,354.99 hit Sep 8.
    - 4 hours ago, 30 Oct 14, 2:36pm -
  • newVisa, Mastercard welcome Beijing's plans to free bank cards market

    Visa, Mastercard welcome Beijing's plans to free bank cards market

    Visa Inc and Mastercard Inc welcome China's plans to open up its market for clearing domestic bank card transactions, as they stand to gain access to a growing market worth more than $1 trillion a year. While China lags behind countries such as the United States in spending on credit, habits are changing fast and the Chinese are increasingly swiping plastic to satisfy their growing appetite for consumer goods. The State Council, China's cabinet, said on Wednesday after a weekly meeting that fore…
    - 4 hours ago, 30 Oct 14, 2:14pm -
  • newBPCL aims to double refining margins with refinery expansion
    By Jessica Jaganathan and Seng Li Peng SINGAPORE (Reuters) - State-owned Bharat Petroleum Corp Ltd aims to double its refining margins once it completes the expansion and upgrade of its Kochi refinery in Kerala to process high sulphur crudes by 2016, a senior company official said. Bharat Petroleum's refining margins dropped to $3 a barrel this year, from $4.50 to $5 a barrel last year, but levels will increase by a about $3 to $4 a barrel by mid-2016, said Neeraj Shukla, a chief manager at BPCL…
    - 6 hours ago, 30 Oct 14, 12:35pm -
  • newSensex surges 171 points; IT stocks gain
    Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday was trading 171.02 points or 0.63 percent up as IT stocks gained.
    - 6 hours ago, 30 Oct 14, 12:28pm -
  • newAsia stocks fall, dollar surges on Fed's hawkish twist

    Asia stocks fall, dollar surges on Fed's hawkish twist

    Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of hawkishness. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 percent. In a statement on Wednesday after a two-day meeting, the Fed ended its quantitative easing programme of bond purchases. The Fed did retain its basic guidance that overnight borrowing costs would remain near zero for a "considerable time".
    - 7 hours ago, 30 Oct 14, 11:38am -
  • newFed ends bond buying, shows confidence in U.S. recovery

    Fed ends bond buying, shows confidence in U.S. recovery

    By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals. "On balance, a range of labor market indicators suggests that underutilization of…
    - 7 hours ago, 30 Oct 14, 11:06am -
  • newSensex trades flat; IT stocks gain
    Mumbai, Oct 30 (IANS) A benchmark index of Indian equities markets Thursday was trading flat at 16.96 points or 0.06 percent up as IT stocks gained.
    - 8 hours ago, 30 Oct 14, 9:56am -
  • newSamsung seeks smartphone revamp to arrest profit slide

    Samsung seeks smartphone revamp to arrest profit slide

    By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global smartphone leader's market share declined in annual terms for the third straight quarter in July-September, lagging Apple Inc in the premium market and overtaken by rivals like Lenovo Group Ltd and Xiaomi Inc at the bottom…
    - 8 hours ago, 30 Oct 14, 9:55am -
  • newGold near 3-week low after Fed optimism over U.S. economy

    Gold near 3-week low after Fed optimism over U.S. economy

    By A. Ananthalakshmi SINGAPORE (Reuters) - Gold was languishing near a three-week low on Thursday after the U.S. Ending its monthly bond purchases, the Fed dropped a characterisation of U.S. Gold, often seen as an alternative investment during economic and financial uncertainty, fell on fears the vote of confidence in the recovery could prompt the Fed to raise interest rates soon. Spot gold was little changed at $1,213.22 an ounce by 0239 GMT.
    - 10 hours ago, 30 Oct 14, 8:41am -
  • newFiat Chrysler to spin off Ferrari, issue $2.5 billion convertible bond

    Fiat Chrysler to spin off Ferrari, issue $2.5 billion convertible bond

    By Agnieszka Flak MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan. The newly created FCA, which moved its primary share listing to New York earlier this month, wants to invest 48 billion euros ($61 billion) over the next five years to turn Jeep, Maserati and Alfa Romeo into global bran…
    - 12 hours ago, 30 Oct 14, 6:06am -
  • newFiat Chrysler to spin off Ferrari, issue $2.5 bln convertible bond

    Fiat Chrysler to spin off Ferrari, issue $2.5 bln convertible bond

    By Agnieszka Flak MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan. The newly created FCA, which moved its primary share listing to New York earlier this month, wants to invest 48 billion euros ($61 billion) over the next five years to turn Jeep, Maserati and Alfa Romeo into global bran…
    - 14 hours ago, 30 Oct 14, 4:48am -
  • newVisa sees mobile payment as big growth driver
    Visa Inc reported a better-than-expected adjusted quarterly profit and said the mobile payment industry would be "a great driver" for business, sending its shares up nearly 4 percent in extended trading. The world's largest credit and debit card company and its competitors are turning their attention to mobile payments, an industry given fresh impetus by the entry of Apple Inc . Visa, along with Mastercard Inc and American Express Co , have partnered with Apple in the launch of a system - Apple…
    - 14 hours ago, 30 Oct 14, 4:33am -
  • newWall St ends with modest decline after Fed

    Wall St ends with modest decline after Fed

    Major indexes were volatile following the central bank's statement, with the S&P 500 down as much as 0.8 percent before pulling back. Material shares were lower throughout the session, a decline in Facebook pressured the Nasdaq, but strength in energy and financial shares helped the market recover. In a statement after a two-day meeting, the Fed ended its quantitative easing program of bond purchases, as had been expected. The Fed also dropped a characterization of U.S.
    - 16 hours ago, 30 Oct 14, 2:07am -
  • newBarclays sued by Saudi developer for $10 billion

    Barclays sued by Saudi developer for $10 billion

    By Karen Freifeld NEW YORK (Reuters) - A Saudi real estate company has sued Barclays for $10 billion, claiming the bank ceased pursuing lease payments due from the Saudi government on military complexes in the kingdom in order to obtain a lucrative banking license there. The company, Jadawel International, a unit of London-based MBI International Holdings Inc., claims Barclays "hatched a fraudulent scheme" to secure the rare Saudi banking license, selling out Jadawel in the process, according to…
    - 17 hours ago, 30 Oct 14, 1:26am -
  • newFed ends bond buying, exhibits confidence in U.S. recovery

    Fed ends bond buying, exhibits confidence in U.S. recovery

    By Howard Schneider and Michael Flaherty WASHINGTON (Reuters) - The Federal Reserve on Wednesday ended its monthly bond purchase program and signaled confidence the U.S. The statement largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as headwinds that would do little to undercut progress toward the Fed's unemployment and inflation goals. The Fed pointed to strengthening labor markets, saying that slack in labor markets was "gradually dimi…
    - 19 hours ago, 29 Oct 14, 11:36pm -